GMR Airports Ltd. announced that its subsidiary, GMR Hyderabad International Airport Ltd. (GHIAL), has acquired the remaining 70% stake in ESR GMR Logistics Park Pvt. Ltd. (EGLPPL), making it the sole owner.

The remaining stake was bought for over ₹41 crore from ESR Group, following all regulatory approvals. GHIAL’s unit, GMR Hyderabad Aerotropolis Ltd. (GHAL), already owned 30% of EGLPPL, which develops logistics and warehousing parks in Hyderabad.

The acquisition is aimed at strengthening GMR’s airport-centric industrial and logistics infrastructure. Following the announcement, GMR Airports Ltd. shares rose 1.44% to ₹84.75 on the BSE.